ETH's market capitalization hits a new all-time high

Ethereum's market capitalization broke its previous all-time high on Thursday, according to market data from TradingView.

The market capitalization, which tracks the total value of all tokens in circulation, reached $149.77 billion. The price of ETH is currently at $1,270 with a market cap of roughly $145.1 billion.

The previous all-time high market cap reached $145.7 billion in January 2018. The latest development came less than a day after the global market capitalization of all cryptocurrencies hit $1 trillion.